Autoliv (ALV) has released an update to notify the public and investors about its financial commitment initiation.
Autoliv, Inc. issued EUR 500 million in notes with a 3.625% coupon rate, maturing in 2029 at slightly below face value. These notes, guaranteed by Autoliv ASP, Inc., are intended to support environmental projects like clean transportation and renewable energy. They’ve been made available in large denominations to third parties, excluding U.S. persons unless exempt, and are seeking admission to trade on Euronext Dublin.
For further insights into ALV financials, check out TipRanks’ Financials page.
For a comprehensive understanding of the announcement, you can read the full document here.